CDEX INC 4
4 · CDEX INC · Filed Jan 26, 2009
Insider Transaction Report
Form 4
CDEX INCCEXI.OB
Shriver Timothy Dean
DirectorChief Operating Officer
Transactions
- Award
Stock Option (Right to Buy)
2009-01-14+175,000→ 375,000 totalExercise: $0.09Exp: 2012-04-30→ Common Stock (175,000 underlying)
Footnotes (1)
- [F1]These options vest 40% when the Company has a positive cash flow from operations for one fiscal quarter and the remaining 60% when the Company has a positive cash flow from operations for a second fiscal quarter.